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Consolidated Statements of Operations and Comprehensive Income (Unaudited) - PECO - USD ($)
$ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2024
Sep. 30, 2023
Sep. 30, 2024
Sep. 30, 2023
Operating revenues        
Revenues from alternative revenue programs $ (54) $ 108 $ (29) $ 513
Total operating revenues 6,154 5,980 17,557 16,360
Operating expenses        
Operating and maintenance 1,275 1,187 3,756 3,535
Depreciation and amortization 908 890 2,681 2,616
Taxes other than income taxes 395 383 1,127 1,063
Total operating expenses 4,961 4,857 14,348 13,429
Gain on sales of assets 3 0 12 0
Operating income 1,196 1,123 3,221 2,931
Other income and (deductions)        
Interest expense, net (490) (431) (1,428) (1,259)
Other, net 57 81 196 331
Total other income and (deductions) (439) (356) (1,250) (946)
Income before income taxes 757 767 1,971 1,985
Income taxes 50 67 158 274
Net income 707 700 1,813 1,711
Related Party        
Other income and (deductions)        
Interest expense to affiliates (6) (6) (18) (18)
PECO Energy Co        
Operating revenues        
Revenues from alternative revenue programs 5 11 3 1
Total operating revenues 1,030 1,037 2,975 2,977
Operating expenses        
Operating and maintenance 251 217 695 622
Depreciation and amortization 108 100 318 297
Taxes other than income taxes 61 59 164 156
Total operating expenses 868 847 2,471 2,436
Gain on sales of assets 0 0 4 0
Operating income 162 190 508 541
Other income and (deductions)        
Interest expense, net (55) (51) (161) (142)
Other, net 9 11 27 26
Total other income and (deductions) (49) (41) (143) (123)
Income before income taxes 113 149 365 418
Income taxes (4) 3 9 8
Net income 117 146 356 410
Comprehensive income 117 146 356 410
PECO Energy Co | Related Party        
Operating revenues        
Operating revenues from affiliates 4 2 7 6
Operating expenses        
Operating and maintenance from affiliates 62 60 181 164
Other income and (deductions)        
Interest expense to affiliates (3) (1) (9) (7)
Electricity, US Regulated        
Operating revenues        
Electric operating revenues 6,012 5,684 16,379 14,579
Operating expenses        
Purchased power and/or fuel 2,349 2,364 6,483 5,766
Electricity, US Regulated | PECO Energy Co        
Operating revenues        
Electric operating revenues 952 957 2,529 2,478
Operating expenses        
Purchased power and/or fuel 372 396 977 994
Natural Gas, US Regulated        
Operating revenues        
Electric operating revenues 196 188 1,207 1,268
Operating expenses        
Purchased power and/or fuel 34 33 301 449
Natural Gas, US Regulated | PECO Energy Co        
Operating revenues        
Electric operating revenues 69 67 436 492
Operating expenses        
Purchased power and/or fuel $ 14 $ 15 $ 136 $ 203